Key Highlights ETH price surged above the $640 level recently and traded to a new all-time high at $653 against the US Dollar. A monster connecting trend line with resistance near $650-660 is preventing gains on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, there is a bullish trend line with […]
December 13, 2017 6:01 PM Creditors to MtGox are petitioning a Tokyo court to re-examine the status of the exchange in an effort to obtain payouts and stop disgraced former chief executive officer Mark Karpeles from profiting as a result of the scandal. In a new development of the MtGox case, four major creditors recently […]
Google has often been a forerunner of new technology, and in the case of blockchain-backed currencies, it pounced again! Great googly moogly! Android users now have a fun new cryptocurrency pricing tool at their fingertips. The search engine giant’s latest blockchain-related surprise is better described as an Easter egg hiding in Google’s voice activated assistant. Asking […]
December 13, 2017 8:20 PM An aide to Russian president Vladimir Putin has reportedly pitched the idea of using cryptocurrencies to circumvent sanctions. Sergey Glazyev, an advisor to President Vladimir Putin, has said that sanctions levied against the country have created an “objective need” for cryptocurrencies, which he implied could be used to skirt the […]
Ethereum soars above $600 after a group of big banks announce a new project on its blockchain Ether, the second largest cryptocurrency by market capitalization, soared past $600 a token Tuesday. Ether was trading up 20% at $616 at 10:35 a.m. ET, according to data from Markets Insider. The record comes a day after a […]
Ethereum, the number two digital currency by market capitalization, topped $600 today to set a new all time high. According to CNBC, the surge comes as UBS announced they will head an Ethereum-based Blockchain initiative along with Barclay’s, Credit Suisse, KBC, Swiss stock exchange SIX and Thomson Reuters. The initiative is designed to help these […]
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With Bitcoin Futures grabbing all the limelight, the number two cryptocurrency is not far behind. Ethereum is trading near all-time high, and ETH prices are hovering around $550.00. With more banks opting for the platform to meet stricter regulations, the currency shall keep grabbing headlines in future. At present, ethereum hard fork news has surfaced […]
ETH/USD Ethereum broke out over the last day, clearing the $500 level. It now looks to go parabolic and race towards the $600 level, which is the extension of a measured move from the previous rectangle. $600 should offer resistance, so look for a pullback at that point. $500 should be support going forward. ETH/BTC […]
The gods of finance continue to smile on cryptos this morning, leading Bitcoin and its nearest eight competitors to massive gains. Litecoin was the biggest winner of the day, soaring more than 49% to carry the Litecoin to USD exchange rate to $241.41. Just to put that in perspective, our Litecoin price forecast for 2018 […]
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